Building Sector is Booming as Unemployment Goes Up

As reported on Train4TradeSkills blog this week, Premier Inn, the England’s biggest budget hotel chain, has announced further investments for the building industry as it paves the way for more hotels to be built across the UK.

In addition to the £5.9 million investment in Camborne announced yesterday, Premier Inn brings £4.1 million investment to Coventry, as it opens a new hotel later this month.

With low availability of affordable hotel places in some parts of the UK and pressure to reduce costs, more smaller hotels are being built – especially such offering affordable prices to customers. Premier Inn has invested millions of pounds across the country in building and renovating new hotels across the UK. Recent developments include hotels in Worcestershire, Barry, Dartford and Camborne.

Although UK unemployment rose by 118,000, in the past three months since November, the building sector doesn’t seem to be affected due to the governments’ extensive investment to create thousands of jobs in the building construction sector.

The Prime Minister announced in the Commons today that whilst unemployment is rising, there is an increase in the number of people working; another 18, 000 people are in work.

“We need more private sector employment and we need to move further and faster on that agenda.” – Mr Cameron said.

Chris Grayling, the Work and Pensions Minister said in a BBC interview this morning that the recent figures on unemployment are more complex than they first appear.

Mr Grayling said that the government has lots of work to do in regards to improving employment opportunities and getting more people back to work. He said: “The private sector is creating jobs faster than the changes in the public sector.”

Mr Grayling said that there were more to the statistics than what first met the eye, but he admitted unemployment level was much too high.

If you are in the building sector, do you feel safer with your job than people in other industries? Tell us why? Do you think that enough is being done to tackle the unemployment?

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